Tag: #Bonds

Volatility kicked up last week but there will be more weeks like this as interest rates “normalize” from historically low levels. I have several charts this week as sometimes it is easier just to show a picture. Before throwing in the towel on equities, keep in mind that the VIX volatility index closed the week […]

The Federal Reserve has lifted interest again (0.25%) this week to close out Q3 – which went out with a whimper. It does not look like the Fed’s rate hike policy will end soon as the debt markets are pricing in another 0.25% move in December and perhaps three more in 2019. This is part […]

The U.S. stock markets trekked higher this week as the rest of the world struggles to make a turnaround in the face of trade wars and sluggish growth. The next six weeks are going to be interesting as we have a Fed meeting on Wednesday, ongoing trade negotiations and an upcoming mid-term election on November […]

An uneventful week as the stock market continues to trek higher this week. Economic data releases have been confirming the economy is on solid footing so the market is likely looking forward to the next Federal Reserve meeting on September 26th. Beyond that will be earnings season and a look under the hood of corporate […]

Welcome back! The summer has ended and so did the stock market rally in August. Not to worry, some of the economic data below indicates the economy is on solid footing despite being late in the business cycle. Technically, the past week has been choppy and and working off overbought conditions established in August. It […]

The Dow Jones index is the last index standing when it comes to new all-time highs. All indices hit a new all-time high in January and sharply corrected but have slowly rebuilt into new highs this summer. If the DOW joins the party, it would signal that the bull market is on solid ground and […]

Another options expiration Friday that pulled prices higher into the weekly close. Lots going on for summer trading with Turkey’s currency crashing and U.S. stocks trying to breakout to new all-time highs. Technology has been the laggard so that throws some caution into the wind as its benchmark index (NASDAQ) trended down to close the […]

I like to talk about macro risk as I think currencies, central bank policies and interest rates are the three legs of the risk stool that matter as central banks attempt to unwind their ultra-loose monetary policy instituted over the last decade. The “great unwind” is happening slowly but not without tremors like we saw […]

The stock market has continued to oscillate this year round the same price from December 31st, 2017. I have highlighted this price in the chart below with a magenta line: We bounced off this level in late June and are now back to resistance at the March and mid-June highs where the market will again […]

The sentiment on Wall Street has started to sour as trade tensions weigh on the market and the uncertainty it may breed among corporate America. The tariffs against China went into effect on Friday and who knows what we will get in response over the weekend or early next week. It is only on $34B […]